ID Finance Secures €21M Debt Facility from nordIX

ID Finance, a Barcelona-based fintech company, has raised €21 million in a debt funding round. The round was led by nordIX and closed on September 1, 2026. The company operates an alternative consumer-lending platform in Spain and Mexico, offering small, short-term loans through a fully digital process under brands such as Plazo and Moneyman.

What ID Finance Does

Founded in 2015, ID Finance has established itself as a leading non-bank digital consumer lender in Spain, with more than 3.7 million registered users in the country. The group serves over 10 million users across its markets, providing accessible and efficient lending solutions.

Financial Performance and Recognition

The company has been profitable since 2021, demonstrating strong operational performance. In 2026, ID Finance was included for the first time in the Sifted 100: Southern Europe ranking, highlighting its growth and influence in the region.

Funding Details

The €21 million debt facility from nordIX will likely be used to expand lending operations and support continued growth in existing markets. This funding underscores the confidence of institutional investors in ID Finance's business model and market position.

About the Company

ID Finance is headquartered in Barcelona, Spain. With a focus on digital innovation and customer-centric services, the company aims to provide fair and transparent financial products. The new capital will enable ID Finance to further its mission of making consumer lending more accessible.

For more information, visit idfinance.com.